It’s time for a fresh look at U.S. energy and environmental policy. An agenda that maximizes the potential of America’s natural resources while striking a better balance between industry and environmental protection could unleash substantial economic growth and job creation at no cost to taxpayers. Here are four steps that Congress and the new Trump administration can take:
- Expedite permitting processes for energy infrastructure by establishing fixed timelines, assigning a single agency responsible for coordination, and deeming pipelines and export terminals as “in the national interest.”
- Open more public lands and waters to natural-resource development and create a settled, reliable framework that encourages private investment.
- Suspend New Source Performance Standards under the Clean Air Act, allowing industrial facilities to be built and expanded under the same standards that already apply to existing facilities.
- Refocus climate policy away from wind and solar, toward more effective existing technologies and the development of new ones.